French govt sells controlling stake in CCR Re valuing reinsurer at €1b

French govt to sell controlling stake in CCR Re valuing reinsurer at €1bn

08-02-2023

French govt to sell controlling stake in CCR Re valuing reinsurer at €1bn

Bertrand Labilloy, CEO of CCR

French government backed reinsurer CCR has entered into an exclusivity agreement with a consortium of mutual insurers SMABTP and MACSF to transfer control of CCR Re and increase its capital by €200 million.

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CCR Group, CCR Re, M&A, French Government, SMABTP, MACSF, Insurance, Reinsurance, Europe, Global

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French govt to sell controlling stake in CCR Re valuing reinsurer at €1bn

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